This cash reward applies when a new customer opens a new People’s United personal checking account between 2/28/2012 and 4/30/2012 and submits a Refer-a-Friend Certificate that has been properly completed by an existing customer at the time of account opening.

A new customer is an individual who has no personal checking accounts at People’s United Bank, has not had any personal checking accounts at People’s United Bank during the preceding 90 days, and does not reside in the household of an existing customer.

An existing customer is an individual who has an existing personal People’s United Bank checking account.

To earn the rewards, the new customer must take any 1 of the following 3 actions within 60 days of opening the account:

1. Receive at least 1 direct deposit of at least $100 in the checking account. Direct Deposit transactions are limited to payroll, Social Security, pension, and government benefits. PayPal transactions and federal and state tax refunds are excluded.

2. Obtain a Debit Card that is linked to the account and then use the Debit Card to make at least 10 purchases of at least $25 each.

3. Make at least 5 payments of at least $25 each to third parties through your checking account using People’s United Online Banking.

People’s United Bank will credit $50 to the new customer’s checking account and $50 to the existing customer’s checking account by 7/13/2012.

The checking account must be open and in good standing at the time of reward crediting.

The minimum deposit to open the account and earn the reward is $25.

The new customer and the existing customer cannot open accounts on the same day.

Non-branch and non-call center employees are eligible to refer accounts and receive the reward.

Accounts opened by People’s United Bank employees and immediate family members and members of their household are not eligible for the reward.

Exchange People’s United Bank Referrals

Please feel free to leave your contact information in the comments section below this article in order to exchange People’s United Bank referrals with other readers.